Bericht
Fantastic tax cuts and where to find them
An important question in public economics is whether, and under what conditions, it may be possible to design a self-financing tax cut. This column provides new theoretical insights on the requirements for a tax reform that makes everyone better off. Furthermore, it shows that if there is no self-financing tax cut with changes to one or two income brackets, then a more complicated reform will also not work. It applies these insights to the US Earned Income Tax Credit reform in 1975. Although this reform had the correct properties, the analysis concludes that it was not fully self-financing. [...]
- Language
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Englisch
- Bibliographic citation
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Series: ECONtribute Policy Brief ; No. 051
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Bierbrauer, Felix
Boyer, Pierre C.
Hansen, Emanuel
- Event
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Veröffentlichung
- (who)
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University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
- (where)
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Bonn and Cologne
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Bericht
Associated
- Bierbrauer, Felix
- Boyer, Pierre C.
- Hansen, Emanuel
- University of Bonn and University of Cologne, Reinhard Selten Institute (RSI)
Time of origin
- 2023